“Corruption
controversies have marked Riady’s business career. In the 1996 presidential campaign, James Riady was a major campaign
contributor to the Democratic Party. In 1998, the United States Senate
conducted an investigation of the finance scandal of the 1996 U.S. presidential
campaign. James Riady was indicted and pleaded guilty to campaign finance
violations by himself and his corporation. He was ordered to pay an 8.6 million
U.S. dollar fine for contributing foreign funds to the Democratic Party, the
largest fine ever levied in a campaign finance case. In 2008, Riady’s close
business associate Billy Sindoro, an executive of Riady’s Jakarta-based First
Media, was filmed handing bribes to officials of Indonesia’s anti-monopoly
agency, the KPPU. Riady and First Media were then in a business dispute with a
Malaysian company and the KPPU was deliberating that dispute. Sindoro was later
found guilty of corruption. In December 2008, the Riady-owned Jakarta Globe
published a sympathetic portrait of Sindoro in prison where he lamented he
would not be able to spend Christmas with his family.” (source)
“The
purpose of the contributions was to obtain various benefits from various
campaign committees and candidates for Lippo Group and LippoBank, including:
access, meetings, and time with politicians, elected officials, and other
high-level government officials; contacts and status for Lippo Group and
LippoBank with business and government leaders in the United States and abroad;
business opportunities for Lippo Group and defendant LippoBank; government
policies which would inure to the benefit of Lippo Group and defendant
LippoBank, including Most Favored
Nation status for China, open trade policies with Indonesia,
normalization of relations with Vietnam, Community Reinvestment Act exemptions
for LippoBank, a repeal of the
Glass-Steagall Act which limited business opportunities for LippoBank,
and a relaxation of Taiwanese restrictions on investment by foreign banks; the
deposit of funds into LippoBank by political campaign committees and government
agencies; and local government support for Lippo Group’s California property
development projects which would in turn benefit LippoBank’s plans for
expansion.”
Who
needs spies when you can own a whole political party? Treason is a dangerous
word, but, in essence, it means selling out your country to a foreign power.
For cash or some other favor.
“Testimony
before Sen. Fred Thompson’s committee indicated that the Lippo Group is in fact a joint venture of China Resources, a trading
and holding company “wholly owned” by the Chinese communist government and used
as a front for Chinese espionage operations. China Resources investments in Lippo grew during the course of the
Clinton administration, coinciding with illegal six-figure Lippo contributions
to Clinton’s cash machine. These contributions seem to not only have bought
Lippo employee John Huang a job in the Commerce Department, but special
consideration for Lippo business interests at the highest level of the Clinton
administration.“
Americans
should feel safer knowing that a hostile foreign government has control at the
highest level of their Executive Branch. Who needs a President when you can be
ruled by the Communist Chinese directly?
Riady
was exhiled until 2009, when the Clinton’s used their influence to get him back
into the U.S.
“Last
year, however, the Indonesian mogul finally made it to Arkansas. He traveled
there during the first of two previously unreported trips he made in 2009 to
the United States. He was allowed in only after receiving a waiver from a rule
that forbids entry to foreigners guilty of “a crime involving moral turpitude,”
a term that government lawyers generally interpret to include fraud.
Riady’s return to the United
States poses a prickly question for Hillary Clinton’s State Department: How and
why did a foreign billionaire stained by Clinton-era scandals get a U.S. visa
after being kept out for so long under the Bush administration?“
Curious
how much Chinese Communist money is running Hillary Clinton’s campaign for
President? Just go back and look at Bill Clinton’s campaign.
“During
the period of August 1992 through October 1992, shortly after Riady pledged $1
million in support of Arkansas Governor Bill Clinton’s campaign for the
Presidency of the United States, contributions made by Huang were reimbursed
with funds wired from a foreign Lippo Group entity into an account Riady
maintained at Lippo Bank and then distributed to Huang in cash.
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